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Search: Posts Made By: Luger
Forum: Traders Hideout September 15th, 2012, 08:00 PM
Replies: 43
Views: 22,591
Posted By Luger
That was one reason that I mentioned "profitable"...

That was one reason that I mentioned "profitable" in my example. I agree that people should get their experience on equities when first getting involved with trading. No sense in getting killed by...
Forum: Traders Hideout September 15th, 2012, 07:42 PM
Replies: 43
Views: 22,591
Posted By Luger
No, on broad based index futures your tax rate is...

No, on broad based index futures your tax rate is on those products is a combination of the short term and long term capital gains rates. Section 1256 contracts are what the IRS calls them.
...
Forum: Traders Hideout September 15th, 2012, 02:39 AM
Replies: 43
Views: 22,591
Posted By Luger
Taxes: 60% long term gains / 40% short term...

Taxes: 60% long term gains / 40% short term gains no matter the holding period on broad based index futures. Less going out to the tax man is a nice boost when compounding returns. Also, no wash...
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